Share This Listing

Message

965 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Rental income from upper 2 apartments
  • 2025 main area newly tiled
  • Central Business District

Executive Summary

ENDLESS OPPORTUNITIES with this 4,200-square-foot building on Historic Downtown Main St in Dwight! Hood range and walk-in cooler (new motor 2025). Main level offers large open space with separate kitchen area. New tile on floors and walls, bar redone! 2 bathrooms. This space offers everything you would want for a new restaurant! 2 AC and furnace for main floor and basement. Rental income with two 2 bedroom, 1-bath apartments upstairs, with tall ceilings. Each unit has its own furnace and window ac. Main area, new tile 2025, offers coin washer and dryer that will stay. 2 separate entrances to basement and upstairs. New tile in the hallway of common area upstairs. Elevator. Full basement with 2 bathrooms, and old bar. Fire equipment is up to date throughout. Don't let this great opportunity pass you by! Restaurant area now leased for $1,200/month with a month-to-month contract.

Attachments

118 Main Dwight

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
4,800 SF
Year Built
1916
Price
$250,000
Price Per SF
$52.08
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Zoning
Commercial
Frontage
30’ on Main St

Amenities

  • Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
40/100

Nearby Major Retailers

Midland States Bank
CrossFit

Property Taxes

Property Taxes

Parcel Number
05-05-09-206-017
Land Assessment
$11,715 (2024)
Improvements Assessment
$55,294 (2024)
Total Assessment
$67,009 (2024)
  • Listing ID: 40516318

  • Date on Market: 5/13/2026

  • Last Updated:

  • Address: 118 E Main St, Dwight, IL 60420

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}